Certified Financial Manager (CFM)

Certification issued and maintained by

Institute of Management Accountants

Continuing education requirements for CFMs:

  • CPE requirements

    30 hours per year, including 2 hours of ethics

  • Reporting period

    The reporting period is the calendar year.

    All FunCPE courses meet CE credit standards of the IMA

    CFMs should select CE courses in appropriate subjects as detailed below.

    We welcome Certified Financial Managers to our site and would like to serve your needs better.

    Please contact us with any suggestions for new course topics for CFM needs specifically.

    Rules and requirements for CMA credential holders (Per the IMA website)

    Educational programs that qualify as CPE

    Acceptable subject areas

    A broad range of subjects may be included in the programs for which hours of credit will be given. The subjects should be related to the topics covered on the CMA examination and / or to an individual’s job responsibilities.

    Illustrative of the subjects that may qualify are:

    • all aspects of accounting,
    • financial management,
    • business applications of mathematics and statistics,
    • computer science,
    • economics,
    • management,
    • production,
    • marketing,
    • business law, and
    • organizational behavior.

    Ethics requirement

    All CFMs are required to complete 2 hours of continuing education on the subject of ethics as part of their 30-hour annual CPE requirement.

    Note that FunCPE does NOT currently offer an appropriate ethics course for CFMs.

    Qualifying programs

    Course formats accepted

    Credit is granted for

    • home study courses,
    • speeches,
    • publication of technical articles, and
    • by examination.

    A program must be well organized and directed to qualify. Credit for hours of study will be given for programs sponsored by:

    • the IMA,
    • employers,
    • businesses,
    • educational institutions,
    • professional accounting organizations and
    • trade associations.

    The IMA accepts but does not require that CPE providers be registered with NASBA. FunCPE is not registered with NASBA, however our courses have all been developed to meet the NASBA course standards and are widely accepted in most states for CPAs as well.

    History of the Certified Financial Manager credential

    The Certified Financial Manager (CFM) was established by the Institute of Management Accountants (IMA) in June 1996 and is held by over 4,900 finance professionals.  

    The IMA stopped testing for and issuing the CFM in December 2007, but the CFM credential is still active and the IMA continues to maintain records and accept renewals for CFM holders.